Profit and Risk for Property Business Using Sharia and Conventional System: A Comparative Analysis

Zaini Muchlis, Ayif Fathurrahman

Abstract


Sharia and conventional business management system are often become a parameter in gaining profit and managing the risk faced by the entrepreneurs. This research aims to determine the comparison of profit and risk obtained by the property entrepreneurs in conducting their business when they use conventional or sharia system. This research is qualitative descriptive analysis. The variables that would be investigated are the profit obtained by the property business owner and the risks in conducting this business when the business owner uses sharia and conventional system in the capital investment or the buying and selling process of a certain property unit. The data was collected through an interview and documents. The article shows that conventional and sharia are a concept or system that generally used by the entrepreneurs in conducting their business to obtain the profit and face the risks. Both of the systems have advantages and disadvantages. This article further argues that sharia system gives a higher profit and fewer risks rather than the conventional system. It is because in the sharia system, entrepreneurs or costumers are not concerned about the burden of the interest and fines of the debt from a financing institution. Although there are risks considered such as bad credit and longtime cash flow, the profit obtained through the sharia system is higher than the conventional one.


Keywords


Property Business; Profit and Risk; Sharia and Conventional.

Full Text:

PDF

References


Ad Duwaisy, Ahmad bin abdurrozaq, (2011) Fatwa-Fatwa Jual Beli, Jakarta: Pustaka Imam Syafii.

Al-Zuhaili, Wahbah, (2003) Al-Fiqh Al-Islam wa Adillathu, Damascus: Dar-Al fikr,

As Sa’di, Abdurrahman dkk, (2014) Fiqih Jual Beli: Panduan Praktis Bisnis Syariah, Jakarta: Senayan abadi.

Aziz, Rosyid, (2015) Berkah Melimpah Dengan Bisnis Property Syariah, Bogor: Al-Azhar Freshzone.

Chamberlain, T., Hidayat, S., & Khokhar, A. R. (2020). Credit risk in Islamic banking: Evidence from the GCC. Journal of Islamic Accounting and Business Research. https://www.rumah.com/panduan-properti/ Lima bank kpr dengan suku bunga rendah per januari 2019-2-9574

Kueger, Malte & Seits Franz. (2017) Costs and benefits of cash and cashless payment instruments Module 2: The benefits of cash. e-book by Fritz Knapp Verlag, Frankfurt.

Kuncoro, NM.Wahyu, (2015) 97 risiko Transaksi Jual Beli Properti, Jakarta: Raih asa Sukses.

Kusuma, Roby Agung, (2017) Untung Maksimal Dari Bisnis Properti, Jakarta: Laksana.

Triono, Dwi Condro, (2017) Ekonomi Pasar Syariah, Yogyakarta: Irtikaz.

Vadillo, Umar, (2005) Bank Tetap Haram: Kritik Terhadap Kapitalisme Sosialisme, dan Perbankan Syariah, Petaling Jaya: Pustaka Zaman.

Wulandari, P., Putri, N. I. S. P., Kassim, S., & Sulung, L. A, (2016) Contract Agreement Model for Murabahah Financing in Indonesia Islamic Banking. International Journal of Islamic and Middle Eastern Finance and Management. Vol. 9(2): 190-204.




DOI: https://doi.org/10.18196/afkaruna.v17i1.11325

Refbacks

  • There are currently no refbacks.


Copyright (c) 2021 Afkaruna: Indonesian Interdisciplinary Journal of Islamic Studies

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.



Afkaruna: Indonesian Interdiciplinary Journal of Islamic Studies indexed by:   


Office:
F6 Building 2nd Floor, Jl. Brawijaya, Geblagan, Tamantirto, Kasihan, Bantul, Yogyakarta 55183